HMLSF - These Are the Biggest Opportunities and Roadblocks for the Cannabis Industry
As more states have worked to legalize recreational and medical cannabis in 2020 and 2021 -- pot has found its spot in the investing limelight. The Horizons Marijuana Life Sciences ETF (OTC: HMLSF) is up over 120% over the past 12 months, handily outpacing the S&P 500 and its gains of about 60%. On March 25, New York voted to legalize recreational cannabis and became the second largest state by population (after California) to permit adult use of the drug.
But amid the excitement, it's also become clear that the cannabis industry has a long way to go to reach its full potential. Dr. Chanda Macias, a medical cannabis advocate, research, and dispensary owner joined Olivia Zitkus and Corinne Cardina on a March 19 episode of Fool Live to talk about the opportunities and roadblocks ahead for the industry and its investors.
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These Are the Biggest Opportunities and Roadblocks for the Cannabis Industry